Update on GracielaGraciela is a very hardworking and enterprising person who works very hard, alongside her husband. Their son is their greatest strength and the reason why this couple fights. She used her previous loan to build a stall where she will be able to continue to sell her drinks.
She is applying for another loan to invest in the purchase of drinks in general, such as wine, soft drinks, beer, and others. This will help her to continue with her sales. She is grateful to be given a new opportunity to grow.
Ella solicita nuevamente de este crédito para poder invertirlo en la compra de bebidas en general, como ser vinos, gaseosas, cervezas y demás, lo cual le ayudará a seguir con sus ventas. Ella agradece por esta nueva oportunidad de crecimiento que esta recibiendo.
Previous Loan DetailsSra. Graciela is 35 years old and lives a short distance from the center of the city of Itá. She has been with her partner for more than 8 years and has a school-aged son. She has been buying and selling drinks, in general, for more than 5 years. Sra. Graciela is requesting a loan to build a… More from Graciela's previous loan »
About Fundación ParaguayaFundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- May 20, 2013
- Jun 18, 2013
- Currency Exchange Loss:
- Apr 16, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.